We are live on ! Find out more
MDIV icon

First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV

104 hedge funds and large institutions have $165M invested in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund in 2025 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 29 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

567% more call options, than puts

Call options by funds: $40K | Put options by funds: $6K

24% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 29

18% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 11

8% more capital invested

Capital invested by funds: $153M → $165M (+$12.1M)

1.82% more ownership

Funds ownership: 34.81% → 36.63% (+1.8%)

1% more funds holding

Funds holding: 103 → 104 (+1)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
104
Holders Change
+1
Holders Change %
+0.97%
% of All Funds
1.39%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
13
Increased
36
Reduced
29
Closed
11
Calls
$40K
Puts
$6K
Net Calls
+$34K
Net Calls Change
+$114K

Top Buyers

Rank Fund Capital Flow
1
ECA
Elevation Capital Advisory
Oregon
+$3.17M
2
RW
Rockport Wealth
Ohio
+$2.17M
3
FAM
Flaharty Asset Management
Florida
+$1.66M
4
LPL Financial
LPL Financial
California
+$1.66M
5
Rockefeller Capital Management
Rockefeller Capital Management
New York
+$1.19M

Top Sellers

Rank Fund Capital Flow
1
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
-$1.56M
2
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
-$742K
3
AWA
Authentikos Wealth Advisory
California
-$596K
4
IAA
Independent Advisor Alliance
North Carolina
-$594K
5
SA
Sanctuary Advisors
Indiana
-$467K
Name Holding Trade Value Shares
Change 		Change in
Stake
TWM
26
TCFG Wealth Management
California
$1M -$492 -30 -0%
Stifel Financial
27
Stifel Financial
Missouri
$995K +$22.8K +1,391 +2%
Envestnet Asset Management
28
Envestnet Asset Management
Illinois
$974K +$646K +39,384 +195%
Janney Montgomery Scott
29
Janney Montgomery Scott
Pennsylvania
$959K -$1.56M -94,894 -62%
CWM
30
Cornerstone Wealth Management
Missouri
$935K +$8.55K +521 +0.9%
PAG
31
Private Advisor Group
New Jersey
$921K +$10.9K +667 +1%
Jones Financial Companies
32
Jones Financial Companies
Missouri
$844K +$222K +13,527 +35%
Citadel Advisors
33
Citadel Advisors
Florida
$718K +$440K +26,837 +157%
JIP
34
Jaffetilchin Investment Partners
Florida
$704K -$3.77K -230 -0.5%
LFG
35
Larson Financial Group
Missouri
$611K -$82K -5,000 -12%
HighTower Advisors
36
HighTower Advisors
Illinois
$591K +$13.8K +839 +2%
FFP
37
Freedom Financial Partners
Minnesota
$576K +$1.05K +64 +0.2%
EWM
38
Endowment Wealth Management
Wisconsin
$572K +$28.7K +1,752 +5%
CIA
39
Concurrent Investment Advisors
Florida
$533K +$535K +32,598 New
Truist Financial
40
Truist Financial
North Carolina
$485K +$486K +29,653 New
CCIA
41
Cherry Creek Investment Advisors
Colorado
$453K +$455K +27,714 New
AWS
42
Atria Wealth Solutions
New York
$433K +$2.05K +125 +0.5%
IF
43
Intrua Financial
Texas
$417K – – –
IAIM
44
International Assets Investment Management
Florida
$381K +$87.7K +5,346 +30%
AAS
45
Ameritas Advisory Services
Nebraska
$371K -$456K -27,820 -55%
PA
46
PSI Advisors
Florida
$364K +$64.2K +3,916 +21%
ACA
47
Aptus Capital Advisors
Alabama
$358K – – –
IA
48
IFP Advisors
Florida
$357K – – –
RFWA
49
RPg Family Wealth Advisory
Massachusetts
$334K – – –
Wealth Enhancement Advisory Services
50
Wealth Enhancement Advisory Services
Minnesota
$322K -$20.8K -1,270 -6%
1
2
3 4 5

MDIV Hedge Fund Activity: Q1 2025 in Review

104 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) for Q1 2025, worth a combined $165M — up 7.9% from $153M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new MDIV positions and 11 closed out — a net gain of 2 holders — while 36 added to existing stakes and 29 trimmed.

The largest buyer was Elevation Capital Advisory, opening a new position worth an estimated $3.17M. The largest seller was Janney Montgomery Scott, cutting an estimated $1.56M.

  • 104 institutional investors held First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) as of Q1 2025, up from 103 in Q4 2024.
  • Funds reported $165M of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund stock for Q1 2025, up 7.9% quarter-over-quarter.
  • 13 funds opened new First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund positions in Q1 2025 and 11 closed out, a net change of +2 holders.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund buyer in Q1 2025 was Elevation Capital Advisory, an estimated $3.17M added.
  • The largest First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund seller in Q1 2025 was Janney Montgomery Scott, an estimated $1.56M sold.

Based on aggregated 13F filings for Q1 2025.